Fenwick Represents Rainforest in $29M Series B Funding

Fenwick represented Rainforest, a payments-as-a-service platform (PaaS) that helps software companies build and optimize embedded financial services, in its $29 million Series B funding. The round was co-led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures.

Rainforest will use the funds to drive hiring, geographic expansion, and product development. Additional information can be obtained here.

The Fenwick transaction team was led by corporate partner Michael Brown and included associates Corinne Nhaissi and Jillian Victor.